With over 1 million computers possibly at risk, 20 are arrested in China in Cryptojacking case. – Bitcoints

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Published on July 9th, 2018 | by bitcoin

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With over 1 million computers possibly at risk, 20 are arrested in China in Cryptojacking case.

With over 1 million computers possibly at risk, 20 are arrested in China in Cryptojacking case.20 suspects have been arrested in China in a major cryptojacking case allegedly affecting over one million computers and generating 15 million yuan (about $2.2 million) in illicit profits, local news source Legal Daily reports today, July 9.
Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.
The company is alleged to have advertised free downloads to 2.89 million computers, selecting over 1 million of them for cryptojacking.
A further individual was arrested in connection with the task force’s seizure of the mining program the following day.
Over the two years that the cryptojacking scheme ran, 15 million yuan ($2.2 million) in crypto was allegedly mined.

Source: Cointelegraph.com

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